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Faysal Bank Reappoints Yousaf Hussain as CEO Again

15-May-2026
Faysal Bank Limited has approved the reappointment of Yousaf Hussain as President and Chief Executive Officer for an additional three-year tenure, according to a corporate disclosure submitted to the ...
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Faysal Bank Reappoints Yousaf Hussain as CEO Again

Government Unclear on Super Tax Removal in FY27 Budget

15-May-2026
During proceedings of the Senate Standing Committee on Finance held on Thursday, the federal government refrained from providing a definitive position regarding the possible withdrawal of the Super Ta...
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Government Unclear on Super Tax Removal in FY27 Budget

Pakistan’s Earliest Cotton Ginning Season Pushes Prices Higher

15-May-2026
Cotton and lint markets recorded a significant upward price movement as Pakistan’s cotton ginning operations commenced during the second week of May for the first time in the country’s history, fo...
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Pakistan’s Earliest Cotton Ginning Season Pushes Prices Higher

SECP Raises Investment Limits for Simplified Mutual Fund Accounts

14-May-2026
The Securities and Exchange Commission of Pakistan has revised investment thresholds for simplified mutual fund accounts and relaxed multiple onboarding requirements as part of regulatory measures aim...
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SECP Raises Investment Limits for Simplified Mutual Fund Accounts

Pakistan’s MSCI Frontier Index Weight Falls to 4.8%

14-May-2026
Pakistan’s representation within the MSCI Frontier Markets Index declined to 4.8% following the latest semi-annual index review, compared to 5.8% previously, primarily due to an approximate 13% redu...
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Pakistan’s MSCI Frontier Index Weight Falls to 4.8%

Finance Ministry Cuts Proposed PSDP Allocation for FY27

14-May-2026
The Ministry of Finance has proposed an indicative allocation ceiling of ₨1.126 trillion for the Public Sector Development Programme (PSDP) for fiscal year 2026-27, substantially lower than the ₨2...
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Finance Ministry Cuts Proposed PSDP Allocation for FY27

FBR “Out of Demand” Tax Recovery Doubles in FY25

14-May-2026
The Federal Board of Revenue has reported a substantial increase in income tax recovery under the “Out of Demand” category during fiscal year 2024-25, with collections rising by 110.3% to ₨266 b...
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FBR “Out of Demand” Tax Recovery Doubles in FY25

Petrol Taxes in Pakistan Reach Nearly ₨145 Per Litre

13-May-2026
A recent market analysis indicates that consumers in Pakistan are bearing approximately ₨145 per litre in cumulative taxes and statutory levies embedded within petrol prices, with the Petroleum Deve...
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Petrol Taxes in Pakistan Reach Nearly ₨145 Per Litre

NAB Reports ₨14.485 Trillion Recoveries Since 2023

13-May-2026
The National Accountability Bureau informed the Senate Standing Committee on Housing and Works that recoveries amounting to ₨14.485 trillion were secured between June 2023 and March 2026, including ...
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NAB Reports ₨14.485 Trillion Recoveries Since 2023

FBR Tightens Registration Rules for International NGOs

13-May-2026
The Federal Board of Revenue has instructed international non-governmental organisations operating within Pakistan to furnish comprehensive documentation as part of mandatory registration requirements...
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FBR Tightens Registration Rules for International NGOs
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